Jinding Optics' IPO on the Entrepreneurship Board has been inquired. The global market share of precision molding machines for non-spherical glass surfaces is number one.

On July 15th, Guangdong Jinding Optics Technology Co., Ltd. (referred to as Jinding Optics) applied for a change in the status of the Shenzhen Stock Exchange's ChiNext listing review to "being inquired", with Guotou Securities as the sponsor institution, intending to raise 758.07 million yuan. According to the prospectus, Jinding Optics is a national-level specialized and new "little giant" enterprise focusing on the research, production, and sales of precision optical high-end equipment, as well as optical lenses and precision optical components businesses. Precision optical high-end equipment is advanced equipment used in the manufacturing or testing of high-precision optical elements (such as lenses, mirrors, gratings, etc.), which determines the height the optical industry chain can reach and is the "ceiling maker" of the precision boundary in advanced manufacturing industry. Therefore, in the process of China's manufacturing industry transformation and upgrade and the development of strategic emerging industries, the independent controllability of precision optical high-end equipment is of significant strategic importance. Since its establishment, Jinding Optics has been focusing on the optical field, with main products including glass non-spherical precision molding machines, ultra-precision processing equipment, optical cold processing equipment, optical lenses, precision optical components, etc. The company is committed to becoming a leading enterprise in the IPE GROUP optical high-end equipment field. The glass non-spherical precision molding machine independently developed and produced by the company has successfully broken the long-term monopoly of foreign manufacturers, ranking first in market share in this field in the past two years. Currently, the company has developed core equipment for over a hundred optical processing industry chains, providing customers with competitive and cost-effective precision optical high-end equipment in multiple categories. The company's glass non-spherical precision molding machines and other equipment have been widely used in numerous well-known enterprises. With the vigorous development of the domestic optical industry in the past two to three decades, the application scenarios for optical lenses have been greatly expanded. In the context of domestic substitution, China has emerged as many optical lens production and processing manufacturers, occupying most of the market share in fields such as automotive, consumer electronics, and security surveillance. However, in the upstream field of precision optical processing equipment, China's high-end precision optical processing equipment has long been monopolized by foreign companies such as Germany, Japan, and the United States. The company is one of the few enterprises to achieve a breakthrough in high-end precision optical processing equipment. Additionally, the company's glass non-spherical precision molding equipment has been widely utilized by leading domestic lens manufacturers such as DongGuan YuTong Optical Technology and LianChuang Electronic Technology. According to QYR (Hengzhou Bozhi) statistics, the company's market share for glass non-spherical precision molding machines has surpassed Shibaura Machine, SYS, and DTK in the past two years, becoming the world's largest supplier of glass non-spherical precision molding machines and ranking first in global sales market share. With the expansion of downstream applications and the increase in the company's product market penetration rate, the company's market position will further strengthen, benefiting its profitability. Financially, in the fiscal years 2023, 2024, and 2025, the company's revenue is expected to be approximately 144 million yuan, 201 million yuan, and 341 million yuan, respectively. During the same period, the net profit is projected to be 27.9418 million yuan, 42.0095 million yuan, and 83.2064 million yuan, respectively.